New York: Four years after an election loss in 2020 that sparked a violent insurrection at the US Capitol, the 78-year-old Republican leader Donald Trump made one of the greatest political comebacks in American history on Wednesday, winning the US presidency for a second term.
Donald Trump , who is one of America’s richest men, is also regarded as a real estate muggle for his massive real estate empire, which he acquired from his father, Fred Trump.
According to Forbes, Donald Trump ‘s net worth as of 6 November 2024 is $6.6 billion (₹55,519 crores), which makes him the 480th richest man in the world.
Donald Trump Net Worth
Trump, who started his career in 1968 after graduating from Wharton School, University of Pennsylvania, was employed at his father’s real estate company, Trump Management, which owned racially segregated middle-class rental housing in New York City. In 1971, his father made him president of the company.
Donald Trump’s Empire
Much of Trump’s fortune remains in real estate; he also owns golf courses, mansions, a winery, and a 1991 Boeing 757 nicknamed Trump Force One.
Real Estate Holdings
Donald Trump’s assets include a $500 million investment in the 1290 Avenue posh area of New York, an office building in Manhattan, and the Trump National Doral Miami Golf Resort, valued around $300 million.
Investment in Media & Technology
Donald Trump owns a stake in Trump Media & Technology Group, which operates the social media platform Truth Social. His shares in this media company are currently valued at around $3.5 billion.
Donald Trump’s Car Collection
Trump, who is known for his flamboyant image, owns exotic luxury cars. Trumps owns a 1956 Rolls-Royce Silver Cloud, a 2010 Rolls-Royce Phantom, and a 1997 Lamborghini Diablo VT Roadster. Trump also owns a rare custom-made McLaren Mercedes SLR, which has a supercharged V8 engine.
Trump’s garage also includes a Cadillac ‘Trump’ Limo business salon specifically built for stretch limousines.
Tesla’s Shares Shot Up After Trump’s Victory
After the Trump’s historic US election victory on wednesday shares of Tesla soared, an outcome that has been strongly backed by CEO Elon Musk in the closing months of the race.
Tesla stands to make significant gains under a Trump administration due to its size, with the expectation that subsidies for alternative energy and electric vehicles will be threatened.
While that would be a negative overall for the industry, it could give Tesla an advantage because of market share. Shares of rival electric vehicles sank sharply Wednesday.
Tesla shares jumped 14% at the opening bell.
Trump has proposed tariffs of 10% to 20% on foreign goods that would also impact electric vehicle maker’s outside the U.S., especially in China.
From luxury Cars to Hotels Here’s Donald Trump’s Net Worth world-news World News | Latest International News | Global World News | World Breaking Headlines Today
